Strive Raises SATA Preferred Stock Dividend to 13.25%

According to TechFlow, on November 12, Cointelegraph stated on X that Bitcoin treasury company Strive will raise the dividend rate on its SATA perpetual preferred stock to 13.25% effective December 1, while maintaining the dividend rate on its other preferred stock, SATS, at 15%. The company currently holds approximately 43,153 Bitcoin.

SATA utilizes a variable dividend mechanism subject to monthly resets and has had its rate increased multiple times since issuance: raised from its original level to 13% in April 2026; after transitioning to daily dividend payouts in May, the then-announced effective annual yield stood at approximately 13.88%, earning it recognition as the first listed U.S. security to pay daily dividends. The updated 13.25% rate will take effect beginning in December.

Recently, Bitcoin treasury companies have generally faced pressure from their stock prices trading at a discount to net asset value, prompting rising preferred stock dividend rates. In October, Strive also filed documents proposing to issue up to $1 billion in additional SATS preferred shares through an At-The-Market (ATM) offering mechanism to finance further Bitcoin purchases.